June 30, 2015 - July 6, 2015

Gala Print City IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Gala Print City IPO.

Gala Print City IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

Gala Print City IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Gala Print City IPO Review by Dilip Davda (May apply)

[Dilip Davda]

If we annualize these earnings and attribute to fully diluted equity post issue then asking price is at a P/E of 104 plus. Thus issue is aggressively priced.

Merchant banker has erratic performances for its past mandates. This is 17th IPO from its stable.

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